Which of the following is true with regard to minimum wages?
a. A minimum wage does little to alleviate poverty
b. A minimum wage helps deal with the problem of poverty.
c. A minimum wage leads to a surplus or unemployment in the skilled labor market.
d. A minimum wage adversely affects the unskilled laborers between the age group 40 and 45.
e. A minimum wage helps provide employment to teenagers and improve their standard of living.
a
Economics
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Indicate whether the statement is true or false
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